Research Report : Indian Financial Markets Outlook – 04th September 2025

Ravi Bhatt

Sebi Registered Research Analyst - INH000012591
Website - www.capsavaj.com

GST bonanza announced, Indian markets likely to cheer

Yesterday evening, GST council announced range of GST reforms, cutting GST on essential items and Health, Life insurance premium, which is likely boost demand in the market. The GIFT Nifty traded half a percent higher at 24,959 in the morning session, indicating a positive open for the benchmark Nifty 50 index. Asian equities too climbed with Wall Street after weak US job openings data reinforced bets on a Federal Reserve interest-rate cut.

Shares in Japan, Australia and South Korea gained at the open. Nikkei was up 1% while Kospi was up 0.4%. Earlier, the NSE Nifty 50 settled 135.45 points or 0.55% higher at 24,715.05 and the BSE Sensex closed 409.83 points or 0.51% up at 80,567.71. The Nifty rose as much as 0.64% during the day to 24,737.05, while the Sensex was up 0.64% to 80,671.28.

Fundamental Update

• Swiggy - The company increases platform fees on food delivery orders to Rs 15 from Rs 12. Positive

• Campus Activewear - The company acquired the land and building of Nainipanel Industries in Uttarakhand for a cash consideration of Rs 74.75 crore. Positive

• BHEL - The company has accepted a Letter of Intent worth Rs 2,600 crore from MB Power (Madhya Pradesh) Ltd. to supply equipment (Boiler, Turbine, Generator) for the 1x800 MW Anuppur Power Project. Positive

• Aptus Value Housing Finance - Westbridge may sell its entire 16.5% stake in the company comprising of 82.3 million shares, at a price of Rs 316 per share through a block deal, which represents a 5% discount to the current market price. Negative

Technical Update

• NIFTY – Nifty rebounded on short covering to close at 24,715 on Wednesday, a gain over 135 points. Index is near 17 day EMA at 24,720 and likely to cross 50 day EMA of 24,800. Today’s range 24,600 – 25,000.

• BANKNIFTY – Bank nifty too recovered erasing all losses of previous day and settle above 54K at 54,057 on Wednesday. Index is likely to continue upward march towards 17 Day EMA of 54,750. Today’s range – 53,800 – 54,750.

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